Resilience of Institutions in Upholding Pre-Existing Rights
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
Resilience of Institutions in Upholding Pre-Existing Rights
opportunity for businesses. Studies have found that the option value of MNEs in entering a country under the uncertain conditions can be high (Miller, 1998). This is because government and international bodies often inject
Resilience of Institutions in Upholding Pre-Existing Rights
considerable amount of investments into the affected countries in aiding the recovery and rebuilding process and, in turn, pumped up the local aggregate demands, opening new opportunities for MNEs in relevant industries
Resilience of Institutions in Upholding Pre-Existing Rights
(Vigdor, 2008). At the same time, consumers’ demand for products and services may change; demand may not necessarily decline, but what consumers may want may be different, and this will impact on the demands placed on
Resilience of Institutions in Upholding Pre-Existing Rights
a firm’s human resources. These MNEs may therefore experience expansion of workforce under these situations. There are multinational organizations, such as inter-governmental agencies as well as international relief
Resilience of Institutions in Upholding Pre-Existing Rights
organizations, who would purposefully be sending staff into countries experiencing crises. Resilience of Institutions in Upholding Pre-Existing Rights
Resilience of Institutions in Upholding Pre-Existing Rights
MNEs are being noted for their often-superior ability to implement highly tactical, more robust talent management practices, including work-based, HRM- led and international systems, in line with the rest of their worldwide
Resilience of Institutions in Upholding Pre-Existing Rights
operations (Glaister, Karacay, Demirbag, & Tatoglu, 2018; Hartmann, Feisel, & Schober, 2010; Mellahi, Demirbag, Collings, Tatoglu, & Hughes, 2013; Tatoglu, Glaister, & Demirbag, 2016; Demirbag, Tatoglu & Wilkinson, 2016).
Resilience of Institutions in Upholding Pre-Existing Rights
However, with the environment suddenly becoming much more precarious, MNEs may be likely to operate on a much more restricted budget towards their human resources, and move towards leaner staffing. This could mean
Resilience of Institutions in Upholding Pre-Existing Rights
retrenchment and the cutting back pay as well as other compensations and supports, which makes the implementa- tion of a strong IHRM programme difficult. Resilience of Institutions in Upholding Pre-Existing Rights
Resilience of Institutions in Upholding Pre-Existing Rights
At the same time, uncertain contexts increase the need for subsidiary control, which, according to previous literature, require a more locally responsive HRM practices that are sensitive to the local condition may also be needed
Resilience of Institutions in Upholding Pre-Existing Rights
(Mellahi et al., 2013). Furthermore, in the context of systemic shock such as an economic crisis, the relative position of owners of highly fungible capital could increase (Wood, 2013). This would include MNEs, who are often
uncommitted and switch to another country when presented with better opportunities. Thus, with their strong bargaining power, coupled with the dete- rioration of economic conditions, the relative power of the employees,
including expatriates, could be significantly diminished (Wilkinson & Wood, 2017). Streeck (2009) presents a highly pessimistic view that this could mean the worsening of employment conditions, including the reduction of not
only pay and benefits, but also job security and workplace democracy. Others, however, point to the resilience of institutions in upholding pre-existing rights for the workers (Thelen, 2014). Resilience of Institutions in Upholding
Pre-Existing Rights
From the employees’ point of view, there is an emerging consensus that going through expatriation is an emotional journey (Bozionelos, 2009; Herman & Tetrick, 2009; Selmer, 2001, 2002; Stahl & Caligiuri, 2005). Such emotion
can be manifested in positive ways, such as excitement, optimism, hope and passion (Youssef & Luthans, 2007), which could be facilitative to the expatriate’s ability to settle, but there are also negative emotions, such as fear,
worry, anxiety, doubt and
INTERNATIONAL JOURNAL OF HUMAN RESOURCE MANAGEMENT 1367
grief (Jordan & Cartwright, 1998), that could potentially cause disengagement, detachment, resulting in a demotivated and disgruntled expatriate, the spill-over effect of which could be so strong that potentially it could affect the
overall organ- isational performance and reputation (Richardson & McKenna, 2002). Negative emotions such as those mentioned above are most likely to manifest in the situa- tion of rapid change and uncertainties (Lerner &
Keltner, 2001). Therefore, expa- triation that are poorly thought out could lead to failed assignments, premature return of expatriates and the loss of their returned expatriates (Takeuchi, Wang, Marinova, & Yao, 2009). Failed
expatriation has the potential not only derailing the MNEs’ performance and capabi\
Resilience of Institutions in Upholding Pre-Existing Rights
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Resilience of Institutions in Upholding Pre-Existing Rights